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Author Topic: Silence  (Read 2751 times)
notme
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January 20, 2012, 11:41:26 PM
 #21

Because by now we all know what's going on.   Wink

Ohm. Okay. I for one don't. More than two days of rally after that? And the volume decreases upwards? Overconfidence pushed price before, check. Disrupting market event recently, check. Inexperienced traders in control of the market? Don't know, but likely. A correction being reverted with incredible speed, uhm yea. Sounds like the complete recipe for a bust. In fact, the up-move right now is almost too heavy, who is buying above 6.5 right after a chance to buy much lower?

Either I have no clue about the market configuration anymore, or it is what it looks like and people are signing their own death warrants with eagerness, or there's something else going on I don't understand entirely.

Should I be worried? Or impressed? Huh I guess only time will tell.

But unless you mean a bust pattern with "we all know what's going on", which wouldn't make sense from the very nature of it, I'm not included.

There will only be 21 Million... Ever.  If only 1 million people use bitcoin, there are currently only 8 available for each person IF all holders agree to equal distribution.  Yes, we will see corrections, some severe, but this market's headed up.  Combine that with the irrational bulls getting liquidated, followed by the irrational short sellers getting liquidated, and you have a strong recovery.  Think bending wood.  Hear all those little cracks?  If you're hearing is less acute, don't worry... You'll hear when it snaps.

https://www.bitcoin.org/bitcoin.pdf
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buck92
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January 21, 2012, 12:39:53 AM
 #22

remember what i always say; if you hesitate, you're dead.

Certainly very good advice, one of the first lessons I learned in my initial weeks of trading this volatile currency.
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January 21, 2012, 12:45:25 AM
 #23

6.5 golden middle )
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January 21, 2012, 08:30:04 AM
 #24

Because by now we all know what's going on.   Wink

Ohm. Okay. I for one don't. More than two days of rally after that? And the volume decreases upwards? Overconfidence pushed price before, check. Disrupting market event recently, check. Inexperienced traders in control of the market? Don't know, but likely. A correction being reverted with incredible speed, uhm yea. Sounds like the complete recipe for a bust. In fact, the up-move right now is almost too heavy, who is buying above 6.5 right after a chance to buy much lower?

Either I have no clue about the market configuration anymore, or it is what it looks like and people are signing their own death warrants with eagerness, or there's something else going on I don't understand entirely.

Should I be worried? Or impressed? Huh I guess only time will tell.

But unless you mean a bust pattern with "we all know what's going on", which wouldn't make sense from the very nature of it, I'm not included.

there was increased interest in bitcoin for the last week so there may be some new money

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notme
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January 21, 2012, 09:47:25 AM
 #25

We may get a small buying opportunity coming up.  Hopefully it will drop enough to open up a little buying leverage.

https://www.bitcoin.org/bitcoin.pdf
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omri
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January 21, 2012, 01:58:06 PM
 #26

Because by now we all know what's going on.   Wink

Silence will fall when the question is asked.
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January 22, 2012, 02:56:16 PM
 #27

It's because the re-recorded version of "And Then There Was Silence" was released on Friday. Bitcoiners just have a good taste in music, so they celebrate the song by two days of calm trading. Smiley

Actually, I'm probably the only one, but I love how the track fits how I see the market right now.

The nightmare shall be over now, there's nothing more to fear~
Come join in our singing and dance with us now~


... and then it switches to Cassandra's viewpoint. Tongue
bb113
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January 22, 2012, 02:59:49 PM
 #28

The crazy thing is you could be right with so few big players.
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January 22, 2012, 03:07:10 PM
 #29

ah good old guardians of the blind... they turned me into a... umm... teen back then

https://localbitcoins.com/?ch=80k | BTC: 1LJvmd1iLi199eY7EVKtNQRW3LqZi8ZmmB
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